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4//SEC Filing

TALLIS ALAN 4

Accession 0001104659-23-059140

CIK 0001232582other

Filed

May 10, 8:00 PM ET

Accepted

May 11, 4:11 PM ET

Size

15.6 KB

Accession

0001104659-23-059140

Insider Transaction Report

Form 4
Period: 2023-05-09
TALLIS ALAN
EVP, Asset Management
Transactions
  • Award

    Special Limited Partnership Units

    2023-05-09+11,17611,482 total(indirect: By Trust)
    Exercise: $0.00Common Stock
  • Award

    Special Limited Partnership Units

    2023-05-09+11,17611,482 total(indirect: By Trust)
    Exercise: $0.00Common Stock
Holdings
  • Common Stock

    3,501
  • Common Stock

    (indirect: By Trust)
    2,194
  • Common Stock

    (indirect: By Trust)
    1,164
  • Common Stock

    (indirect: By Trust)
    1,200
  • Common Stock

    (indirect: By IRA)
    50
  • Common Limited Partnership Units

    (indirect: By Trust)
    Exercise: $0.00Common Stock
    10,221.5
  • Common Limited Partnership Units

    (indirect: By Trust)
    Exercise: $0.00Common Stock
    10,221.5
Footnotes (4)
  • [F1]Special long-term incentive partnership units ("LTIP Units") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Units"), are convertible into Common Units at the option of the Reporting Person. See Footnote 4 discussing the convertibility of Common Units.
  • [F2]The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's 2021 Stock Incentive Plan, in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.
  • [F3]Neither the LTIP Units nor the Common Units have an expiration date.
  • [F4]Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis as described in Amendment No. 5 to the Seventh Amended and Restated Agreement of the Limited Partnership dated December 13, 2017.

Issuer

ASHFORD HOSPITALITY TRUST INC

CIK 0001232582

Entity typeother

Related Parties

1
  • filerCIK 0001187669

Filing Metadata

Form type
4
Filed
May 10, 8:00 PM ET
Accepted
May 11, 4:11 PM ET
Size
15.6 KB